How much of the profit decline was due to the one-time charge?

The exceptional charge was ₹0.52 crore. Net profit fell by ₹1.72 crore, so the charge explains about 30% of the total decline.

What is the company's market capitalisation?

The analyst rationale states Gujarat Craft Industries has a market capitalisation of ₹51 crore.

Did the company pay a dividend?

Yes, the board recommended a final dividend of 50 paise per share.

Earnings · Plastic Products · Micro cap

Gujarat Craft profit drops 64% as revenue slips 9%

The nano-cap's annual net profit fell to ₹0.97 crore on a one-time charge. Revenue declined to ₹184.06 crore.

— 3 earlier stories on Gujarat Craft Industries Ltd. →

GUJCRAFT By Tipsheet Editorial 21 May 2026 · 6:57 PM IST Verify on BSE · NSE

Mkt cap₹46.24 cr

P/E47.62×

ROE4.23%

Debt / eq.0.82

Div yld0.53%

64% Drop in net profit for FY26.

What's new

Annual revenue fell 9.3% to ₹184.06 crore, down from ₹202.89 crore.
Net profit plunged 64% to ₹0.97 crore, from ₹2.69 crore a year earlier.
Board recommended a final dividend of 50 paise per share.

Why this matters

For a company with a market capitalisation of ₹51 crore, this earnings power has halved. The exceptional charge of ₹0.52 crore for labour-code compliance is a small portion of the total profit fall, meaning the core business performance itself weakened considerably.

What we're watching

Whether the dividend payout can be sustained at this new profit level.
Management commentary on the non-exceptional drivers of the revenue decline.
Impact on cash flow and the company's ability to fund operations.

The full read

Gujarat Craft Industries' net profit dropped 64% to ₹0.97 crore for the year ended March 2026. Revenue slipped 9.3% to ₹184.06 crore. The company flagged a one-time ₹0.52 crore charge linked to new labour-code compliance, but that only accounts for about a third of the total profit erosion. For a nano-cap with a market capitalisation of ₹51 crore, this represents a material hit to earnings power. The board still recommended a 50-paise final dividend. The core issue is the underlying business performance, not the one-off charge.

Questions answered

How much of the profit decline was due to the one-time charge?: The exceptional charge was ₹0.52 crore. Net profit fell by ₹1.72 crore, so the charge explains about 30% of the total decline.
What is the company's market capitalisation?: The analyst rationale states Gujarat Craft Industries has a market capitalisation of ₹51 crore.
Did the company pay a dividend?: Yes, the board recommended a final dividend of 50 paise per share.

Mentioned: ₹184.06 crore revenue · ₹0.97 crore net profit · ₹52.24 lakh exceptional charge

Primary source BSE · NSE · Tijori

An independent reading of the company's own disclosure — the primary filing above is the final word.

Story so far

All notes on GUJCRAFT →

21 May 2026 · 6:57 PM IST Gujarat Craft profit drops 64% as revenue slips 9%
today Gujarat Craft's CFO of seven years quits immediately. No replacement named.
14d ago Gujarat Craft Industries' annual results confirm profit drop
14d ago Gujarat Craft Industries profit slips 64% on rising labour costs